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1. A check that may be purchased for a fee at a store, bank, or post office that       allows one person to pay money to another is called        A  Check Without Recourse Order        B  Fee Simple Order        C  a Money Order        D  Simple Recourse Order 2. A kind of savings account typically offered by banks and credit unions that offers       higher interest rates than a regular savings account is called a        A  Money Market Account        B  Marginally Higher Interest Account        C  Marginal Savings Account        D  Higher Interest Rate Account 3. The amount paid for using someone else's money is referred to as        A  Financing Cost        B  Interest        C  Principle        D  Jail Time 4. A person who dies without a legal will is said to be        A  Beyond Probate        B  Inescrow        C  Intestate        D  Without representation 5. The terms used when a person writes a check or uses a debt card to take out more       money than is in his or her checking account is referred to as        A  Poor Asset Management        B  Debit Elimination        C  Closed End Transaction        D  Insufficient Funds 6. Items of value that can be converted into cash are called        A  Claims        B  Assets        C  Liabilities        D  Equity 7. In a bond, the interest rate paid each year is called        A  the Coupon Rate        B  the Yield to Maturity        C  the Yield to Date        D  the Rate Outstanding 8. A card that looks like a credit card but works more like a personal check is a        A  Master Card        B  Withdrawal Card        C  Debit Card        D  Checking Card 9. An easily accessible account at a bank or credit union that pays a modest interest rate       on your savings is a        A  Teller Account        B  Bank Book Account        C  Savings Account        D  Routine Monthly Account 10. A type of account that pays a fixed interest rate if you agree to leave your money alone       for a certain period of time is called        A  a Time Sensative Account        B  a Commercial Paper        C  a Certificate of Deposit        D  a Bank Note 11. On your paycheck, the money subtracted to pay for Social Security and Medicare is called        A  SSTA        B  SSMC        C  ERISA        D  FICA 12. A financial cooperative owned by its members that acts much like a bank is a        A  Credit Union        B  Lenders Association        C  Fiduciary Alliance        D  Micro-Bank 13. Financial Institutions such as savings banks and savings and loans are called        A  People's Financials        B  Premium Financials        C  Thrifts        D  Coupon Institutions 14. The mathematical rule for fiiguring out how long it will take to double your money is        A  the Guide of twelves        B  the Rule of twelves        C  the Rule of 72        D  the Guide of 72 15. In banking terms APY stands for        A  Advanced Principle Yield        B  Adjusted Primary Yield        C  Annual Percentage Yield        D  Average Principle Yield 16. In banking terms ATM stands for        A  Average Transactional Method        B  Adjusted Transferable Mortgage        C  Automated Teller Machine        D  Average Time to Maturity 17. When you write a check or make payments with your debit card that exceed the       amount of money that you have in your account, it is called        A  Overdraft        B  Bounce Draft        C  Over and back        D  Bounce Back 18. a bank service where the bank agrees to loan you the money to cover your bounced       check up to a certain amount is called        A  Overdraft Insurance        B  Overdraft Protection        C  Bounced Protection        D  Bounced Insurance